5 Reasons You'll Love Living in Downtown Kelowna

Downtown Kelowna is a thriving urban center in the heart of British Columbia's beautiful Okanagan Valley. Boasting a lively arts and culture scene, breathtaking natural landscapes, and a vibrant culinary scene, the downtown area is becoming an increasingly popular destination for homebuyers moving to Kelowna. This guide will explore some of the top perks of living in downtown Kelowna, from its bustling waterfront district to its world-class wineries and ski resorts. Whether you're a nature lover, a foodie, or an art enthusiast, downtown Kelowna has something to offer everyone.

The Peak of Walkable Living in Kelowna

People typically associate downtown districts with unrelenting traffic, imposing high-rise condominiums, and non-existent parking. Downtown Kelowna couldn't be further from that. Right on the banks of Okanagan Lake, this historically rich neighbourhood comprises tree-lined boulevards, sidewalk cafes, and low-slung red brick buildings. And it's one of the most walkable neighbourhoods in Kelowna.

The scenery practically begs to be explored on foot, and Kelownians are happy to oblige. Living centrally means that residents can (and do) stroll from their downtown Kelowna condosto the lake, farmers' markets, locally-owned restaurants and breweries, and recreational facilities. In addition to saving gas money and time wasted hunting for a parking spot, downtown Kelowna residents benefit from regular physical activity and plenty of fresh air.

Stretching from Kelowna City Park through the Cultural District toward North End, the boardwalk is also just a 10-minute walk from anywhere downtown. Leashed dogs are welcome on the path, and there are ice cream shops and breweries dotting it, the perfect excuse to turn a quick walk into an extended outing.

Fabulous Condos to Choose From

Downtown Kelowna has several coveted enclaves, but Ellis Street is among the most sought-after. Running from Knox Mountain Park in the north to Harper Street, Ellis Street is home to two- and three-bedroom condos with plenty of upscale amenities.

Downtown's share of Kelowna condos typically have en suite bathrooms, walk-in closets, and hardwood flooring. Ready-to-cook gourmet kitchens feature top-of-the-line appliances; many have stylish islands or breakfast bars. Picture windows and private balconies blur the boundary between rural and downtown living, with views over the lake, mountains, and city.

Other perks of choosing a downtown condo on Ellis Street include secured parking and concierge services. Units in well-established buildings sell in the $700,000 range, while newer properties can approach $1.5 million.

Sunset Drive is another of the most highly coveted real estate boulevards just north of downtown.

Three-bedroom apartments with at least two bathrooms have floor-to-ceiling windows overlooking Okanagan Lake and the mountains behind West Kelowna. Beautifully furnished with quartz countertops, shaker-style cabinetry, and spa-like bathrooms, the properties here are elegant and timeless.

The Kelowna waterfront homes along Sunset Drive range from $1.5–$5 million, while penthouses enter the market at around $12 million.

The Best Restaurants, Shops & Cafes are Just Outside Your Door

You'll never hear anyone who lives in downtown Kelowna complain of a rumbling stomach or lack of variety. This BC city is revered for its diverse culinary offerings across restaurants, cafes, and breweries.

Sunny's Diner, a beloved locale named after an even more beloved golden retriever, caters to all palates. Breakfast is served all day, including eggs Benedict, chicken and waffles, pancake stacks, poutine, and melts. Beyond the exclusive house blend coffee, Sunny's drinks menu covers infusions, kombucha, and cocktails for a lively brunch.

Beer and cider enthusiasts are particularly spoiled for choice in downtown Kelowna. Start with the dog-friendly (and aptly named) Unleashed Brewing Company, where batches are brewed with local and regional ingredients. Events at the taproom include jam nights, musical bingo, and standup comedy.

Kelownians out to celebrate a special occasion, like closing on a new home perhaps, know to make a reservation at Raudz Regional Table. This hip downtown restaurant showcases the flavours and ingredients of the Pacific Northwest, with standout dishes like the 36-hour focaccia and oat-crusted Arctic char.

Regarding shopping, historic Kelowna is home to over 100 stores, including everything from clothing, homeware, jewellery, children's, and antique shops. Master the chic downtown living look at Little Boutique on Ellis and fill your bookshelves at Mosaic Books.

Okanagan Lake is Your Backyard

With the vast Okanagan Lake on your doorstep, transitioning from work to play is easy for those who call downtown Kelowna home—the best water activities in Kelowna are all nearby. Aside from the postcard-worthy scenery, the lake provides endless recreation in all four seasons.

Flanking Kelowna City Park, the city's main green space and one of Kelowna's best parks, Hot Sands Beach is a sun-kissed strip of sand for sunning, swimming, and sports. There are restrooms, water fountains, playgrounds, and basketball and tennis courts.

A seasonal water park is just off the boardwalk north of the beach. Suitable for children ages 5 and up, Kelowna Wibit inspires the inner frog in everyone with its floating obstacle course. Younger tots can cool down on land at the splash park.

The Kelowna Yacht Club, home to Canada's biggest freshwater marina, is also within walking distance of downtown. Membership includes perks such as boat rentals, discounts at local wine stores and sailing programs, and moorage.

In the summer, parasailing flights over Okanagan Lake are wildly popular. When snow starts to fall every winter, the riverside Stuart Park hosts an ice rink. And in all seasons, Kelowna residents enjoy walking and cycling the boardwalk.

A Great Location for Short-Term Rentals

It's easy to see why locals love living in downtown Kelowna year-round. Those same reasons also apply to vacationers seeking the conveniences of a city alongside access to outdoor pursuits. The walkability and welcoming, small-town vibe of this lakeside neighbourhood, plus its hospitality towards dogs and children, make downtown Kelowna an attractive package for all.

Homeowners wishing to split their time between one of Kelowna's best neighbourhoods and other cities may consider renting their property as a short-term rental (STR). In Kelowna, a homeowner (or primary resident) can rent their principal residence in its entirety, or individual bedrooms, for periods of less than 30 consecutive days.

This is a fantastic, practical way to create revenue, but knowing the rules and regulations is essential, starting with acquiring a business licence. Properly licensing a short-term rental and adhering to regulations helps reduce negative impacts on the region's long-term rental market.

As part of the STR application process, prospective landlords must submit documents relating to parking and health and safety. They should also contact an accountant to discuss tax implications and strata fees, if applicable. From there, a budget and rental goals can be created to ensure the short-term rental is lucrative.

Downtown Kelowna's Rich Residential Offering

Living in Kelowna offers a unique and exciting lifestyle that can't be found anywhere else, and the downtown area is a prime example of this. With its stunning natural scenery, world-class dining options, and diverse cultural attractions, downtown Kelowna truly has it all. Whether you're looking for a relaxed and laid-back lifestyle or an exciting and fast-paced city experience, downtown Kelowna has something to offer everyone. So consider making downtown Kelowna your next home and experience all this vibrant and dynamic city offers.

If the opportunities in Kelowna excite you, contact the agents at KelownaHomes.ca at 250-999-9844 to get in touch with a local real estate agent who can help you find the perfect home in Kelowna today.